cryptocurrency

Soluna Computing to Double Bitcoin Mining Capacity with Project Dorothy 2

Soluna Computing to Double Bitcoin Mining Capacity with Project Dorothy 2

Soluna Computing is planning a major expansion of its bitcoin mining activities with the rollout of Project Dorothy 2. The new plan would more than double the capacity of the company’s original Project Dorothy 1. At a glance, it highlights Soluna’s dedication to developing sustainable computing operations.Project Dorothy 2 aims...

Bitcoin Solaris: 30% Returns From Your Phone? A Realistic Look.

Bitcoin Solaris: 30% Returns From Your Phone? A Realistic Look.

A guaranteed 30% return, all from the palm of your hand, on mining Bitcoin Solaris? It sounds incredibly tempting. Particularly in this inflationary era where a so-called “high yield savings account” does nothing of the sort. Let’s hit the brakes and add a shot of cold, hard reality to this...

Lido's Oracle Hack A Warning: Is Staking Really Decentralized?

Lido's Oracle Hack A Warning: Is Staking Really Decentralized?

Okay, let's be frank. The significance of the Lido oracle hack may appear small, given that only $4,200 in gas fees were stolen. Alarm bells should certainly be sounding. It’s not the dollar amount that matters, it’s that the dream of decentralization has been exposed to the light of reality....

Bitcoin Mining for Everyone? Solaris App Promises Riches, But...

Bitcoin Mining for Everyone? Solaris App Promises Riches, But...

Solaris Nova. The title alone paints a beautiful picture of a vibrant, promising new dawn in the cryptocurrency ecosystem. Picture this, a world where anybody, no matter their technological expertise or financial means, can mine Bitcoin from their smartphone. Earning passive income while stuck in traffic? Sounds like a dream,...

PaladinMining's $9,999 Claim: Mining Risk or Reward?

PaladinMining's $9,999 Claim: Mining Risk or Reward?

Bitcoin hitting $104,000? Wow. And PaladinMining at $9,999 a day with “one-click mining.” Now, that sounds like something straight out of a William Gibson book. If this all sounds too good to be true, a digital dystopia lies right under the surface.$9,999 a Day? Really Though?Let’s be real. If making...

BlackRock's ETH Staking ETF: The Party's Just Getting Started!

BlackRock's ETH Staking ETF: The Party's Just Getting Started!

Remember Sarah? She’s a kindergarten teacher who spends her days wrangling tiny humans and is not a finance expert. Just a year ago, the stock market was a daunting, intimidating beast that she steered clear of at all times. Then she heard about crypto. Not the Lambo-obsessed jive, but like...

Lido Hack: 1.4 ETH Lost, But What Does It Mean for Your Staked ETH?

Lido Hack: 1.4 ETH Lost, But What Does It Mean for Your Staked ETH?

The rapidly changing landscape of cryptocurrency, matched with the complex technology behind it, continues to bring the ongoing risk of hacks and breaches. Lido Finance, the largest liquid staking adapter on Ethereum and a critical part of the Ethereum staking ecosystem, was recently attacked. This shocking occurrence resulted in the...

Lido's $4,200 Hack Is A Wake-Up Call For DeFi's Future

Lido's $4,200 Hack Is A Wake-Up Call For DeFi's Future

I have a vivid memory of talking with my friend Sarah after a hackathon last year. She’s incredibly bright, a total coding whiz, but the moment I began explaining the concept of staking ETH, her eyes kind of glazed over. It just seems really overwhelming,” she admitted, “and to be...

Lido DAO Moves to Rotate Compromised Oracle Key After Limited Breach

Lido DAO Moves to Rotate Compromised Oracle Key After Limited Breach

That’s why Lido Finance, the largest liquid staking protocol on Ethereum, launched their first emergency DAO vote. This decision follows a recent security incident that led to the loss of $1.46 ETH worth in gas fees, requiring the rotation of a compromised oracle key. That hack compromised one of the...

BlackRock's ETH ETF Staking: Is It Too Good To Be True?

BlackRock's ETH ETF Staking: Is It Too Good To Be True?

BlackRock would love to stake your Ethereum in their crazy proposed ETH ETF. Sounds great, right? Passive income from your new ETF holdings. Boom, you’re generating passive income with a cool 3.2% yield just for holding your ETF. But before you do all of that and more, let’s pump the...